Uscb Fincl Stock Price, News & Analysis

USCB Financial Holdings reported a net income of $4.4 million or $0.22 per diluted share for Q4 2022, down from $5.7 million or $0.30 per diluted share in Q4 2021. A portfolio restructuring led to a sale of $17.0 million in lower-yielding securities, resulting in an after-tax loss of $1.5 million ($0.07 EPS). However, the reinvestment in higher-yielding assets may positively impact 2023 earnings by $0.03 EPS. The total assets increased to $2.1 billion, while total stockholders’ equity fell by 10.5% to $182.4 million. Non-interest income was negative $0.1 million due to the security sale losses.

USCB Financial Holdings, Inc. (NASDAQ: USCB) is set to release its financial results for Q4 2022 on January 26, 2023, after market close. A conference call will be held on January 27, 2023, at 9:00 AM ET to discuss these results, featuring CEO Luis de la Aguilera and CFO Robert Anderson. Investors can access the live audio webcast via the company's investor relations page. Established in 2002, USCB is a leading community bank in Miami, rated 5-Stars by BauerFinancial, and offers a diverse range of financial services while supporting local organizations.

USCB Financial Holdings reported a net income of $5.6 million or $0.28 per diluted Class A share for Q3 2022, a decrease from $6.6 million in Q3 2021. Total assets increased by 16.1% to $2.0 billion, and total loans grew 21.7% to $1.4 billion. However, total stockholders’ equity dropped by 12.1% to $177.4 million, influenced by $45.2 million in unrealized security losses. Non-interest income fell by 57.6% to $1.8 million, while non-interest expenses rose by 12.5% to $10.1 million.

USCB Financial Holdings, Inc. (NASDAQ: USCB) will release its financial results for the quarter ending September 30, 2022, after market close on October 27, 2022. A conference call to discuss these results will take place on October 28, 2022, at 9:00 AM ET, hosted by CEO Luis de la Aguilera and CFO Robert Anderson. Investors can access the call via dial-in or through an audio webcast available on the company's investor relations page, which will also host a replay shortly after the call.

USCB Financial Holdings is a prominent community bank based in Miami, established in 2002.

USCB Financial Holdings, Inc. (NASDAQ: USCB) reported a net income of $5.3 million ($0.26 per diluted share) for Q2 2022, up from $4.1 million in Q2 2021. Total assets reached $2.0 billion, with loans increasing by 19.9% to $1.4 billion. The net interest margin rose to 3.37%, while the efficiency ratio improved to 55.34%. Annualized returns on average assets and stockholders’ equity were 1.08% and 11.38%, respectively. Non-interest income grew by 6.7% to $1.6 million, but non-interest expenses increased by 10.1% due to higher salaries. The company exceeded all regulatory capital requirements.

USCB Financial Holdings, Inc. (NASDAQ: USCB) will announce its financial results for the quarter ending June 30, 2022, after market closure on July 28, 2022. A conference call, featuring President Luis de la Aguilera and CFO Robert Anderson, is scheduled for July 29, 2022, at 9:00 a.m. ET. The call can be accessed via a toll-free number and will also be available as a live audio webcast on the company's investor relations page. USCB is a prominent community bank in Florida, rated 5-Stars by BauerFinancial, providing a range of financial products and supporting local organizations.

USCB Financial Holdings, Inc. (NASDAQ: USCB) announced its upcoming inclusion in the Russell 3000® Index, effective June 24, 2022, following the annual reconstitution. This milestone is anticipated to enhance investor awareness and visibility within the market. The Russell 3000® Index includes the largest 3,000 publicly traded U.S. companies, representing about 98% of the investable U.S. market. U.S. Century Bank, the company’s subsidiary, is a prominent community bank in Miami.

USCB Financial Holdings, Inc. reported a net income of $4.9 million ($0.24 per diluted share) for Q1 2022, a slight increase from $4.8 million in Q1 2021. The company experienced significant growth in assets, deposits, and loans, with total assets rising 20.4% to $2.0 billion. The board approved a share repurchase program for up to 750,000 shares. Notably, the annualized return on average assets fell to 1.03% from 1.23% year-over-year, and non-interest income decreased by 16.2% to $1.9 million, driven by fewer loan sales.